RY - Royal Bank of Canada - Stock & Dividends

Exchange: Toronto Exchange • Country: Canada • Currency: CAD • Type: Common Stock • ISIN: CA7800871021

Banking, Wealth Management, Insurance, Capital Markets

Royal Bank of Canada (RBC) is a global financial services company that offers a wide range of banking, investment, and insurance products to individuals, businesses, and institutions. With a history dating back to 1864, RBC has established itself as one of the largest and most respected financial institutions in the world.

The company's Personal & Commercial Banking segment provides a variety of financial products and services to individuals and small to medium-sized businesses. This includes checking and savings accounts, home equity financing, personal lending, and credit cards, as well as investment products such as mutual funds and self-directed brokerage accounts. RBC also offers lending, leasing, and cash management services to commercial businesses, making it a one-stop-shop for all their financial needs.

RBC's Wealth Management segment caters to high net worth and ultra-high net worth individuals, as well as institutional clients, offering a range of wealth, investment, trust, and banking solutions. The segment also provides asset management products to institutional and individual clients, and asset and investor services to financial institutions, asset managers, and asset owners. This comprehensive suite of services helps clients manage their wealth and achieve their financial goals.

The company's Insurance segment offers a broad range of insurance products, including life, health, home, auto, travel, and wealth insurance, as well as annuities and reinsurance solutions. RBC also provides business insurance services to individual, business, and group clients through its advice centers, insurance stores, and mobile advisors, as well as digital platforms and independent brokers and partners.

RBC's Capital Markets segment provides advisory and origination, sales and trading, lending and financing, and transaction banking services to corporations, institutional clients, asset managers, private equity firms, and governments. This segment helps clients raise capital, manage risk, and achieve their financial objectives.

Headquartered in Toronto, Canada, RBC operates globally, with a presence in over 40 countries. The company's website, https://www.rbc.com, provides access to its range of financial products and services, as well as information on its history, mission, and values.

Drawdown (Underwater) Chart

Drawdown / Underwater Chart for RY - Royal Bank of Canada  - Stock & Dividends

Overall Trend and Yearly Seasonality

Drawdown / Underwater Chart for RY - Royal Bank of Canada  - Stock & Dividends

RY Stock Overview

Market Cap in USD 155,039m
Sector Financial Services
Industry Banks - Diversified
GiC SubIndustry Diversified Banks
TER 0.00%
IPO / Inception

RY Stock Ratings

Growth 5y 64.1
Fundamental 0.20
Dividend 57.4
Rel. Performance vs Sector 0.37
Analysts -
Fair Price Momentum 156.80 CAD
Fair Price DCF 434.99 CAD

RY Dividends

Dividend Yield 12m 2.90%
Yield on Cost 5y 4.95%
Dividends CAGR 5y 3.63%
Payout Consistency 98.2%

RY Growth Ratios

Growth 12m 21.51%
Growth Correlation 12m 72%
Growth Correlation 3m 67%
CAGR 5y 11.34%
CAGR/Mean DD 5y 1.56
Sharpe Ratio 12m 1.11
Alpha vs SP500 12m 6.45
Beta vs SP500 5y weekly 0.63
ValueRay RSI 76.65
Volatility GJR Garch 1y 13.29%
Price / SMA 50 5.02%
Price / SMA 200 16.47%
Current Volume 12298.3k
Average Volume 20d 6781.5k

External Links for RY Stock

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What is the price of RY stocks?
As of July 27, 2024, the stock is trading at CAD 153.13 with a total of 12,298,344 shares traded.
Over the past week, the price has changed by +1.27%, over one month by +6.82%, over three months by +15.23% and over the past year by +21.12%.
What are the forecast for RY stock price target?
According to ValueRays Forecast Model, RY Royal Bank of Canada will be worth about 171.2 in July 2025. The stock is currently trading at 153.13. This means that the stock has a potential upside of +11.81%.
Issuer Forecast Upside
Wallstreet Target Price 152 -0.73
Analysts Target Price - -
ValueRay Target Price 171.2 11.8

Royal Bank of Canada: A Comprehensive Overview

Published on: [Date]

History

The Royal Bank of Canada (RBC) has its roots deeply embedded in the financial history of Canada. Established in 1864 in Halifax, Nova Scotia, it started as the Merchants Bank of Halifax. A journey of growth and expansion marked by strategic acquisitions and financial innovation has propelled RBC into becoming Canada's largest bank and one of the largest banks globally by market capitalization.

Core Business

RBC's core business revolves around banking and financial services. This includes personal and commercial banking, wealth management services, insurance, investor services, and capital markets operations. These services cater to millions of clients in Canada, the U.S., and several other countries worldwide. A commitment to providing advice and solutions that help clients thrive and communities prosper has been the cornerstone of RBC's approach.

Side Businesses

Beyond its primary financial services, RBC has ventured into various side businesses to diversify its offerings. These include technology ventures, real estate management, and a strong presence in the innovation and fintech sectors. RBC's focus on digital transformation has led to the development of cutting-edge banking technologies and partnerships with tech start-ups, enhancing their service delivery and operational efficiency.

Current Market Status

As of 2023, Royal Bank of Canada continues to hold a dominant position in the financial services industry. With a sturdy foundation in both traditional banking and innovative financial solutions, RBC has navigated the challenges of the digital age successfully. The bank's emphasis on sustainable and responsible banking, coupled with robust financial performance, positions it favorably in the eyes of investors and clients alike. RBC's dedication to excellence and innovation ensures its continued relevance in the rapidly evolving global financial landscape.